Exchange
Official: Amotekun corps never killed anybody in Ibadan
The Commandant of Oyo State Security Network, codenamed Amotekun Corps, Col Olayinka Olayanju (retd), has dismissed the media report that operatives of the agency opened gunfire on some residents of Ibadan, killed two and injured many. He confirmed that there was a crisis around Born Photo and Isale Osi area, where the men of the Oodua Peoples Congress (OPC) faction of late Dr Frederick Fasehun, was trying to deal with some hoodlums. According to him, the operatives of Amotekun Corps were invited and its operatives went to the scene. The personnel of the agency that went to the scene, he said were returning from an operation, where a Lebanese man was rescued from his abductors on December 15. The incident reportedly occurred at Asaka area of Ibadan. But two persons and many other people, a...
Air passengers decry upsurge in fares, seek urgent attention to roads, railway
Nigerians, who travel by air, have decried the “sudden” upsurge in air fares and urged the Federal Government to intervene to avoid poor patronage that could dwindle the fortunes of the aviation industry. Newsmen report that the air fares shot up by about 100 per cent in the last one week, with some airline operators even raising their fares by as much as 120 per cent or more. At Nnamdi Azikiwe International Airport, Abuja, the fare from Abuja to Lagos, which was N35,300 (Economy Class), rose to between N70,000 and N75,000. Newsmen found that Business Class travellers were charged between N100,000 and N120,000, depending on the airline. Our correspondents, who visited other airports across the country, found that the rise in airfares was the same, a situation that forced some passengers to...
President Buhari condemns bandits’ attack on Katsina school, orders reinforcement of security
President Muhammadu Buhari has condemned the attack carried out by bandits’ at the Government Science Secondary School, Kankara, Katsina State, charging the security agencies to go after the attackers to ensure that no student gets missing or harmed. The president made the remarks in a statement by his Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in Abuja on Saturday. He urged the school authorities to carry out an audit of the population of the students following shootings in and around the school that sent hundreds of them fleeing and scrambling over perimeter walls. He also advised parents who rushed to evacuate their children and wards from the school to notify the school and police authorities in order to have a full account of the school population. “I strongly...
Neymar: No place for racism
Paris Saint-Germain and Istanbul Basaksehir played their Champions League match to a conclusion on Wednesday, 24 hours after it had been suspended, with Neymar scoring a hat-trick before saying both teams had felt compelled to make a stand against racism in what was an unprecedented protest over an alleged comment by an official. PSG won the game 5-1 after it restarted where it had stopped the previous day, in the 14th minute, following a touchline argument over accusations the Romanian fourth official, Sebastian Coltescu, had described Basaksehir’s Cameroonian assistant coach Pierre Webo as “black”, or “negru” in Romanian. “Sometimes in extreme circumstances these things need to be done to see if the world can change a little,” said Neymar, who together with other players and the new team...
Nigerian government seeks new Eurobond
The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...
Senator Adeyemi advocates N50 billion bailout fund for airline operators
Sen. Smart Adeyemi (APC Kogi), has called on the Federal Government to provide a bailout fund of N50 billion for airlines operators in the country. The post Senator Adeyemi advocates N50 billion bailout fund for airline operators appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
NSE retains global 2020 information security management certification – audit
The Nigerian Stock Exchange (NSE) on Friday announced that it had retained its ISO 27001:2013 certification for Information Security Management System (ISMS) in the 2020 surveillance audit by the British Standards Institution (BSI). The post NSE retains global 2020 information security management certification – audit appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Europe to pay less than US for Pfizer COVID-19 vaccine
The European Union has struck a deal to initially pay less for Pfizer’s COVID-19 vaccine candidate than the United States, an EU official told Reuters News Agency as the bloc announced on Wednesday it had secured an agreement for up to 300 million doses. The experimental drug, developed in conjunction with Germany’s BioNTech, is the frontrunner in a global race to produce a vaccine, with interim data released on Monday showing it was more than 90 percent effective at protecting people from COVID-19 in a large-scale clinical trial. Under the EU deal, 27 European countries could buy 200 million doses, and have an option to buy another 100 million. The bloc will pay less than $19.50 per jab, a senior EU official involved in talks with vaccine makers told Reuters, adding that partly reflected ...
Trading remains upbeat on NSE, index up 1.28%
Activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent to cross 26,000 mark. The index rose by 332.20 points or 1.28 per cent to close at 26,319.34, compared with 25,987.14 recorded on Thursday. In the same vein, the market capitalisation grew by N173 billion to close at N13.754 trillion, from N13.581 trillion on Thursday. Nigerian Breweries led the gainers’ table, appreciating by N4.70 to close at N52.55 per share. Presco followed with N3.50 to close at N53, while Dangote Cement appreciated by N3.10 to close at N139 per share. Stanbic IBTC garnered N1.40 to close at N40.50, while Flour Mills gained N1.35 to close at N21.50 per share. On the other hand, Northern Nigeria Flour Mills topped the lagg...
Nigerian stocks down by N1.14 trillion in first half
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic. Benchmark indices at the Nigerian Stock Exchange (NSE), which are generally regarded as sovereign equity indices for Nigeria, showed that Nigerian stocks swiveled through steep decline in first quarter and a major recovery in early months of the second quarter, closing the six-month period with net loss of N1.14 trillion. The All Share Index (ASI), a common value-based index that tracks all share prices at the Exchange, closed first half at 24,479.22 points as against 26,842.07 points recorded...
